Personal Finance
How passive is your income?
By A Pen Quotes  •  May 27, 2016
Passive income seems to some to be the holy grail of financial freedom. The definition of Passive Income in Wikipedia, states that “Passive income is an income received on a regular basis, with little effort required to maintain it.” So what do you mean by little effort? Examples of Passive Income includes the following:
  • Any type of property income
  • Earnings from a business that does not require direct involvement from the owner or merchant;
  • Rent from property;
  • Interest from a bank account / P2P Loans / Invoice Financing
  • Royalties from publishing a book or from licensing a patent or other form of intellectual property, such as computer software product;
  • Earnings from internet advertisements on websites;
  • Dividend and interest income from owning securities, such as stocks and bonds, is usually referred to as portfolio income, which may or may not be considered a form of passive income. In the United ...
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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